June 28th – Pension Time for MP’s – View From the Hill by Keith Beardsley – May 13, 2010

June 28th – Pension Time for MP’s – View From the Hill by Keith Beardsley – May 13, 2010

Cornwall ON – One interesting but over-looked side story in the present impasse over the Afghan documents is that magical date of June 28th. The importance of this date was flagged in a story by CanWest on September 13, 2009.

This is the date that some 74 MPs will qualify for their pension as they were first elected on June 28, 2004. This includes 36 Conservatives, 16 Bloc, 14 Liberals and 8 NDP.  Not a bad pension either as it’s about $25,000 (at age 55) for those with the minimum six years service.

How does this impact on the document issue and the Speakers ruling? For one thing, Canadians can’t understand why it is taking so long to decide this issue. Most view this as just another example of Ottawa’s inability to get things done. Canadians have seen the clock tick away the original two weeks ordered by the Speaker. They also heard the Chief of the Defence Staff state that he doesn’t have a problem letting MPs review the uncensored documents.

However, according to all the parties, more time is still needed. Keep in mind that a failure to resolve this issue could result in an election.

The Speaker has provided an extension until Friday, May 14th. The week of the 17th is a break week for our MPs. Therefore highly unlikely that any further action by the Speaker or the House to hold the government or its ministers in contempt will happen until they return after Victoria Day on May 25th. Again unlikely a contempt motion could be done in one day, so allow a couple of extra days.

Where this gets very interesting is that if you calculate 36 days (the minimum for an election) backwards from June 28th you land on May 24th. The calculation for an MPs pension includes the period from the calling of an election, up to but not including voting day. Any election called between May 26 and June 28th gets these 74 MPs their pension.

In other words, if this impasse results in an election, those 74 MPs win or lose, will be guaranteed their pension.

Think of the Nortel pensioners, who has the better deal now?

One would have to be quite cynical to think that our MPs would take care of themselves in that manner, but it does make you wonder.

Keith Beardsley is a senior strategist for True North Public Affairs in Ottawa, as well as a blogger and political analyst. He can often be found running or cycling on his favorite bike trails.

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4 Comments on "June 28th – Pension Time for MP’s – View From the Hill by Keith Beardsley – May 13, 2010"

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Eric
Guest

You would think every angle would be looked at by all the players. So if Quebec did seperate, do the Bloc keep those pensions?

Stan
Member

Great article Keith. If Quebec did separate from Canada, all pensions coming from the Government of Canada should cease to be paid. Heap their fair share of the National Debt on them and lets see how long it would take them to dump the BLOC and PQ and to plead to be taken back into the fold.

Eric
Guest

ConcernedCitizen, some rules would need to be changed for sure, but not just Quebec. I know one guy who came to Canada at 56 years old. He is working till he is 66 then can get a pension and go back “home”.
Nice of us right?

Stan
Member

Pensions should be paid ONLY in Canada to people who LIVE IN CANADA! No exceptions!